A Progressive Tax Is Such That

question 6

Multiple Choice

A progressive tax is such that

• A) tax rates are higher the greater one's income.
• B) the same tax rate applies to all income receivers, so that the rich pay absolutely more taxes than the poor.
• C) entrepreneurial income is exempt from taxation.
• D) the revenues it yields are spent on transfer payments.

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Definitions:

If Statement

A conditional statement in programming that executes a block of code only if a specified condition is true.

Value Of Sum

An expression representing the total result of adding two or more numbers or variables together.

If Statement

A control flow statement that allows conditional execution of a block of code, depending on the truth value of an expression.

Value Of Y

This term refers to discovering or discussing the numerical or literal content assigned to the variable identified as 'Y'.